St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-12-14
SANITY CITY DOINGS.
State Bankers Kick at the
Provisions of Last Win
ter's Law.
The Grand Jury Is Getting
Down to a Big Job o.
Work.
Award Of the Contract for
Building the Next Ice
Palace.
Summary Of the Local Doings
of a Single Day Briefly
Related.
KICK AT THE LAW.
State Bankers Arousing Them
selves Against Last Winters
Legislation.


selves Against Last Winters
Legislation.
Private bankers from all parts of Min
nesota assembled at the Merchants yes
terday afternoon. for the purpose of
perfecting a permanent organization,
with view to fighting the law which
goes into effect the LIST of January. the
tenor of which is TO restrict private lndl-
viduals from doing BUSH e5S without be-
ing Incorporated. Thus far seventy
eight bankers have become members or
the association which, at the meeting
Yesterday. adopted a constitution and
bylaws modelled after that OF the Amer
lean Bankers association, and hereafter
their organization will be known as the
Minnesota Bankers association. OF
fcers were elected as follows: PreSl-
dent. c. d. Griffith: vice president, IL.
r Wells: secretary. Z. r. Smith; treas
urer. W. b. Parsons: and executive
committee. MeSSrS. II. b. Strait, NJ. Do
ran. c. H. Ross. Marcus johnson, l.. IL.
Never. E. ID. Dyer and l.. kellS. Those
pres sent and participating Ill the meet
ing were:
II. r. Wells. Preston: NJ. Mullen,
New Tim: A. p. Jameson, Waseca;
George A. Du Toit. Chaska: I. c.
Davis. Pennington; q. IL. Becker,
Browns Valley; y. Knoblock, Carver;
c. ID. Griffith, Sleepy Eye; u. +. Hills,
Heron Lake: VI. Il. Everett. Waterville;
+. +. Ouackenbush. LIE Sueur; Ii. a.
Baldwin. Redwood Falls: G. III. .IeSSup,
Tracy: I. W. Gilliland, Window; l..
r. Mover. MontevideO; Z. r. Smith, LIE
Sueur: J. p. Wells, Herman;
J. A. Nelson, Breckenridge; j.
A. Armstrong. Winnebago City:
J. II. Davis. Plainville: W. =. Todd,
Browns Valley; f. 5. WEIGH, Hender-
son: II. F.WeisS, Belle Plaine: l.. keliS,
Sank Center: Z. d. Dyer, Dover: j. IL.
Ross. New Tim; Henry Castle. Elk
River: 5. l.. F.,azie. Nerndale; W. b.
Parsons. Dodge Center: c. F. Earl. APP
pleton: Henry Stevens, Litchfield; Z.
+. Oakley. Buffalo; II. r. Valkland,
Waconia: E. NJ. Webster, GlenwO0d;
G.. NJ. Nelson. Hutchinson: c. III. Pat
ton. WinnebagO City, and George Ella
son. MontevideO.
Hon. Condor Z. Cole. who has been
retained by the association to defend
members in test eases, was called upon
for his views upOu the new law and
stated in substance that after a careful
examination he considered its prOylS-
ions unconstitutional. He did not be-
Iieye that it would be enforced and the
expected opinion from the attorney gen.
eraI of the state would doubtless con-
firm this belief, Still such an opinion
would only be advisory, and it would
be necessary to have the law explicitly
construed by the courts.
Vice President Wells said that the
attorney general seemed to be
WITHHOLDING HIS OPINION
at the suggestion of Bank Examiner
Knox. who was directly interested Ill
the new law and who had been fore
most in securing its passage by the leg
islature. He suggested that some MEM
her OF, the assOciatian allow himself to
be arrested. say on the I'd of January,
and thus force an issue at once in the
courts.
One of the Delegates move that
our president take the initiative and
get himself arrested for the good of the
cause.
President Griffith must decline the
honor. gentlemen, for | will not be III
the state at the time mentioned.
Up. Wells. of Hermann think L can
furnish solution of the problem. gen
tlemen. The county attorney of Grant
has repeatedly threatened to prosecute
the bank with which | am connected,
and the indications are that | will need
the services OF all attorney as soon as
the law goes into effect.
Hon. Michael DOran in discussing the
situation said that Bank Examiner
Knox was at the bottom of the agitation
of the subject, growing out of a desire
on his part to build up large
bureau which would inure to his
personal benefit. 1t was under
Stood when the present law was
enacted that its provisions would not
apply to those already engaged in the
banking business. That it was mani
festly unconstitutional and was en-
braced in the ex post factO clause of the
federal constitution. Many attempts
had been made to force the measure
through the state legislature, but it had
been Invariably chOked off until last
winter, when in the closing hours of the
session, Senator Keller, of Sank Cen
ter. had succeeded in having the OBJ
noxious law placed upon the statute
books The sentiment of those present
favored continuance of business under
existing methods and that no attention
be paid to the law, and in this frame of
mind the association adjourned subject
to a call by the executive committee.